Age, Biography and Wiki
Ali al-Faraj was born on 1969 in Riyadh, Saudi Arabia. Discover Ali al-Faraj's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 54 years old?
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| Age |
54 years old |
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| Birthplace |
Riyadh |
| Nationality |
Saudi Arabia |
We recommend you to check the complete list of Famous People born on .
He is a member of famous with the age 54 years old group.
Ali al-Faraj Height, Weight & Measurements
At 54 years old, Ali al-Faraj height not available right now. We will update Ali al-Faraj's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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| Parents |
Not Available |
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Not Available |
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Not Available |
Ali al-Faraj Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Ali al-Faraj worth at the age of 54 years old? Ali al-Faraj’s income source is mostly from being a successful . He is from Saudi Arabia. We have estimated
Ali al-Faraj's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
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Not Available |
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Not Available |
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Ali al-Faraj Social Network
Timeline
It has been asserted by some Portsmouth fans that Al-Faraj is actually a pseudonym for Balram Chainrai. The allegations are that Chainrai used al-Faraj as a buyer for the club following a feud between Chainrai and Arcadi Gaydamak – found in Israeli court to be the de facto owner of Portsmouth FC. Gaydamak admits to using his son Sacha as cover for ownership of the club, allegedly as his convictions for gun running, sanctions busting, and outstanding warrants for his arrest necessitated the deception.
At the start of February 2010, it became public that al-Faraj had financed the purchase of the club by means of a £17 million bridging loan from Balram Chainrai's company Portpin Ltd. Within weeks, al-Faraj 'defaulted' on his payments, causing Chainrai to assume possession Falcondrone, and thus the football club.
In October 2010, after High Court battles to agree a CVA and a late-minute public display of brinkmanship between the club's administrator and former owners, Balram Chainrai purchased the football club from its receivers to bring the club out of administration.
Ali al-Faraj was allegedly introduced to Portsmouth via their then CEO Peter Storrie, through Israeli agent Pini Zahavi when the club was on the brink of financial meltdown. Faraj developed a consortium with other investors and Storrie and bid for the club. Former owner Alexandre Gaydamak dismissed the Saudi's bid and instead sold to Dubai businessman Sulaiman Al-Fahim. Just over 40 days later, al-Faraj purchased a 90% stake in Portsmouth on 5 October 2009 through Falcondrone Ltd from Al-Fahim, who had underestimated the capital required to sustain the business, and faced difficulty attracting inward investment while former owner Alexandre Gaydamak faced accusations of having transferred club assets to family companies at reduced fees, adding to the financial difficulties faced.
